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New Employee Insurance Scheme in 2018 Malaysia.
What is Employee Insurance Scheme?
EIS is an emergency financial aid for retrenched worker who lost their jobs. It also provides assistance during job search and provides them financial support for them until they find a new job and also counseling. Employer and employee will be compulsory to pay 0.25% of employees monthly wages to EIS pool.
Benefits of Employee Insurance Scheme (EIS)
There will be four types of allowances for retrenched workers.
Early Employment Allowance - EIS will provide early employment allowance until they found a new job
Provide Aids in job search - Retrenched worker will be given job search aids and counseling
What is EIS?
Can Employee Claim EIS If My Company Wind Down?
How much $ can an employee claim from EIS?
Does EIS start from employment probation period?
What constitutes as wages under EIS?
Can Employee Claim EIS for Termination Due to Failure to Meet Targets or KPI?
How Do Employer and Employee Register for EIS? What Are The Employer Obligations?
How Fast Can I Get EIS $$$ When Unemployed?
How to claim EIS $ for loss of employment?
Can I claim EIS if I was layoff before my contract end?
What to do for unpaid salary and does it affect EIS claim?
Can I claim EIS without genuinely looking for work?
Is EIS good for employee or is it a burden?
Can I claim EIS if I resign because my company is moving to a new location?
I was demoted and my salary reduced. Can I claim EIS?